Saturday, July 20, 2019

Trading Summary Week Ended 19th July 2019

21 Trades:


1 AAL + 180 BPS.
4 FRES + 355 BPS.
1 MCRO + 479 BPS.
15 UK100 + 173 BPS.

12 long trades + 689 BPS.
9 short trades + 498 BPS.
14 intra-day trades + 92 BPS.
7 multi-day trades + 1095 BPS.
Total trades net + 1187 BPS.

Return on account for the week + 1.37 % net.
P:L ratio N/A.
Days traded: 5.
Longest trade duration: 94 days.
Shortest trade duration:  1 min.
(All PNL expressed in basis points for the purpose of comparison.)


Thoughts


A difficult week, we saw some volatility in the commodity stocks. FRES in particular saw some big moves after lowering production targets.
A couple of very poor trade exits.

The FTSE rallied into expiry on Friday morning, before selling off later.

Well short of my 2.5% weekly benchmark.

Away from the markets, the TDF is at a very interesting stage, after a stunning time trial by Alaphilippe, should be a great stage on Saturday on the Tourmalet.

Looking forward to more trading opportunities next week.


Stay disciplined.
Stay focussed.
Stay humble.

No comments: